1011 Main St Lynchburg, VA 24504
Central Business District NeighborhoodEstimated Value: $679,948
--
Bed
--
Bath
30,818
Sq Ft
$22/Sq Ft
Est. Value
About This Home
This home is located at 1011 Main St, Lynchburg, VA 24504 and is currently estimated at $679,948, approximately $22 per square foot. 1011 Main St is a home located in Lynchburg City with nearby schools including Perrymont Elementary School, Paul Laurence Dunbar Mid. for Innov., and Heritage High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 13, 2021
Sold by
Marketplace Of Lynchburg Llc
Bought by
West On Church & Main Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,516,000
Outstanding Balance
$1,392,256
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
-$786,550
Purchase Details
Closed on
Feb 29, 2012
Sold by
American National Bank And Trust Co
Bought by
Marketplace Of Lynchburg Llc
Purchase Details
Closed on
Nov 10, 2010
Sold by
Little Horse Llc
Bought by
American National Bank
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
West On Church & Main Llc | $495,000 | None Available | |
Marketplace Of Lynchburg Llc | $150,000 | None Available | |
American National Bank | $375,000 | None Available |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | West On Church & Main Llc | $1,516,000 | |
Previous Owner | Krise Building Associates Llc | $250,000 | |
Previous Owner | Little Horse Llc | $625,000 | |
Previous Owner | Little Horse Llc | $215,000 |
Source: Public Records
Tax History Compared to Growth
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $6,056 | $680,500 | $328,000 | $352,500 |
2023 | $6,056 | $680,500 | $328,000 | $352,500 |
2022 | $7,009 | $680,500 | $328,000 | $352,500 |
2021 | $7,554 | $680,500 | $328,000 | $352,500 |
2020 | $6,484 | $584,100 | $328,000 | $256,100 |
2019 | $6,484 | $584,100 | $328,000 | $256,100 |
2018 | $1,180 | $425,400 | $130,500 | $294,900 |
2017 | $4,722 | $425,400 | $130,500 | $294,900 |
2016 | $4,722 | $425,400 | $130,500 | $294,900 |
2015 | $1,180 | $425,400 | $130,500 | $294,900 |
2014 | $1,180 | $425,400 | $130,500 | $294,900 |
Source: Public Records
Map
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